Market presented a pullback followed by Engulfing Candle Closing 1/2 Position @0.90688 Moving Stop Loss to Entry Now!
Good Evening Traders, let's get this week started with the zones I am looking for possible trades in for this week. EURGBP- This pair is pushing higher above the 50ema but is about to run into a Monthly Resistance Zone (brown area) which is an area that I think we could see a nice counter-trend bounce out of the EURGBP. So, for that reason, I will be looking in...
This pair is pushing down currently towards a level of structure that has been tested multiple times. The Monthly Support Zone(brown) is likely to provide some type of bounce out of this market. Because of that, this is an area that I will be looking at for possible long opportunities when price gets to this zone throughout this week. Monthly Support Zone-...
Took a short trade on gold based on my previous idea. Let´s go! Best regards, Becker Investments
This week I am looking at EURGBP. This pair is currently pushing upwards towards a level that this market has used as resistance multiple times in the past. This area is a Monthly Resistance Zone which is a (very strong zone) that I'll be looking for possible short trades out of throughout the week. I will be looking for confirmations & entries/exits on the...
NZDUSD 4H: risk/reward favors BEARS(NEW) 🔸 Summary and potential trade setup ::: NZDUSD 4hour chart review ::: closing on range highs now ::: 6150 TOP of trading range ::: reversal possible 24-48 hours ::: Short sell from HIGHS ::: using tight SL 0.6268 ::: strategy: short from 6150 ::: TP (0.5940)
Let me start off by saying I hope each and everyone of you are safe and healthy. Some of the craziest s*** has happened within the last few weeks including oil futures going negative -44 per barrel. While everyone is distracted with the FED throwing in fridge after sink and the economy halting, a lot of people seem to have forgot about earnings. Knowing earnings...
Trade on your own Risk ... I Mean have a Good Risk Management :p
So the eurcad has been in the expansion phase over the last 3 days and it has already retested the support line and now it's back above the middle line and we also have a buy setup forming so we are looking for this market to go and retest the highs and possibly reach our target at the 127.0 Fibonacci extension! Any different views or comments are...
So the eurcad has been in the expansion phase over the last 3 days and it has already retested the support line and now it's back above the middle line and we also have a buy setup forming so we are looking for this market to go and retest the highs and possibly reach our target at the 127.0 Fibonacci extension! Any different views or comments are...
The rebound from 101 continues and the market got to the within 10 pips of the trendline. The bias is on the upside and if we break the trendline and get a buy setup then the upside will be confirmed. Levels to watch out for; 1.) Previous structure high which will now act as a minor resistance @ 112.20 2.) Resistance at 114.60 (Oct. 2018 High) 3.) Resistance at...
The rebound from 101 continues and the market got to the within 10 pips of the trendline. The bias is on the upside and if we break the trendline and get a buy setup then the upside will be confirmed. Levels to watch out for; 1.) Previous structure high which will now act as a minor resistance @ 112.20 2.) Resistance at 114.60 (Oct. 2018 High) 3.) Resistance at...
Bitcoin has come back to previous structure support and this presents us with an opportunity to go long. Now this market is bearish on a higher time frame that's why it's a short term trade because at some point I will expect the market to reverse and continue going down so let's wait and see what happens
Please Like & Share to support my work! Thank you. Ripple has encountered a minor resistance and I think it's about to continue its descent back to the previous lows. It will a very good idea to go long on ripple if it does break the previous lows. It's currently in a corrective pattern which likely make its way down in the medium term.
Please like, comment and share to support my work fellow traders. So we finally managed to get a slight rally from bitcoin in the past few days and now the market has into previous structure support turned resistance and I think we will get a slight pull back before we continue going up. Now how low this pullback with be is anybody's guess, we could go all the...
Please like, share and comment to support my work fellow traders! The last few days has been really hard for the pound because it's been taking a huge beating from the dollar and we are in a situation where I think the pound will make a slight recovery until it gets to the trendline or the previous structure high and then the dollar will start swinging again so...
Please like, share and comment my fellow traders! Gold has been in a steady decline over the past few days and now it looks like it has reached a minor support zone so I there could be a reaction at this zone, now the question is, are gonna make a complete U-turn and go back and retest the previous highs or will the market just make a slight pullback before...
This is a bearish market but i'm hoping for a little pop so lets see if the market will give us that little move up before it continues its bearish move. If you find this analysis helpful then please like and comment. Thank you.